Past Due Accounts & Policies

Past Due Accounts

Monthly finance charge of 1.25% will be added to accounts that are more than 30 days past due.

Students who continue to carry a past due balance to the end of the semester are in danger of being placed on a Financial Leave effective upon completion of the semester. Signed diplomas will be held for graduating seniors until the account is paid in full. 

Timetable

Fall Semester Spring Semester Action This Means:
September January Transcript Hold Student will not be able to receive a transcript
October February Registration Hold Student will not be able to register for next semester classes.
February Room Selection Hold Student will be prevented from participating in the room selection process and will not be able to be pulled into a room by a potential roommate.
December May Financial Leave Effective the last day of  finals, student is expected to move out and return their keys upon completion of final exams. Student is officially on a Leave of Absence.  Housing and meal plan is removed for upcoming spring semester.

Policies

Student Account Payment Policy

Students must have all financial aid in place and account paid in full by the due date for their account to be satisfied.  All accounts not satisfied are considered past due.  (View Payment Options.)

Payment is cleared after 6 business days for check and electronic check payments. Payments made by credit card, cash, cashier’s check, and wire will be cleared within 48 hours during business days.

Fine Policy

Financial Services cannot remove or reduce fines that were placed on a student’s account from other Allegheny departments. Please contact the appropriate department in case of dispute.

Financial Holds Policy

A registration hold restricting students from registering for classes and a room selection hold restricting students from participating in the room selection process will be placed on all students with a past due balance.

Registration, transcript and room draw holds will be removed after payment has cleared and in accordance with the Student Account Payment Policy.

Registration holds will remain on the student account for students on a leave or withdrawal.  The hold will be removed for students approved to return after all financial aid is in place and the estimated balance is paid in full in accordance with the Student Account Payment Policy.

Financial Leave of Absence Policy

Students who carry a past due balance 2 weeks prior to the end of the semester will be placed on a Financial Leave effective upon completion of final exams.

Accounts not paid will be sent to collection. Contact Financial Services to set up payment arrangements and avoid collection proceedings.

Return Leave of Absence Policy

Students with no financial registration hold who wish to return from a Leave of Absence must contact the Office of the Dean of Students  to start the return process.

Students with a Financial Registration Hold

Student must pay their account in full 2 weeks prior to the first day of class and follow the process to return below.  Students who do not pay 2 weeks prior to the start of the semester, will not be permitted to return for the current semester but can be considered to return the semester following. Estimated payment for the new semester will be due immediately upon approval to return. The registration hold will not be removed until payment has cleared in accordance with the Student Account Payment Policy and aid is verified by the Office of Financial Aid.

Process to Return:

  • Past due balance must be paid.
  • Contact the Office of  Dean of Students to start the return process.
  • Deadlines for submission are January 2 for the spring term, two weeks prior to the first day of class in August for the fall term.
  • Ensure all financial aid is in place for the upcoming semester.
  • Pay the upcoming estimated balance to remove the registration hold. Payment must be made in accordance with the Student Account Payment Policy. Contact Financial Services for estimate.

Collection Policy

Any costs incurred in the collection of a delinquent account, including collection agency fees, attorney fees and other charges, will be added to the amount due.

Once an account is reported to collection agencies it will not be removed from collection until the account is satisfied

Debt Forgiveness Policy

Allegheny Financial Services does not forgive any charges or balances of tuition, room, board and required fees.  Students must follow the Fine Policy to ask for forgiveness of fines on their student account.

PNC Card Linking

Students and employees with a PNC checking account have the option to link their Allegheny ID card to their checking account to enable the debit card feature on the ID card.  This feature is only a debit card and does not have credit card functionality.

To comply with the Department of Education CM Agreement, all students and employees who would like to link their ID card to their PNC checking account must electronically sign the “PNC Card Linking Authorization” available on WebAdvisor.   All students and employees who were linked prior to July 1, 2016 are grandfathered into this regulation and are not required to sign.

Students and employees who wish to reverse the authorization and remove card linking must email Financial Service at finsrv@allegheny.edu for processing and notify the local PNC Bank office at 814-337-1900.

Perkins Loans

Allegheny has no authority to modify or forgive a Perkins loan.  A Perkins loan is a governmental loan.  Students can apply for a forbearance or deferment. Forms are available at  http://www.ecsi.net/bwr/forms/index.html

A transcript hold restricting students from obtaining an official transcript will be placed on all student who default on their Perkins loan.  The hold will be removed once the loan is made current.

More Information.